165.49 +0.58 (0.35%)
Pre-Market: 6:41AM EDT
|Bid||164.30 x 1300|
|Ask||165.49 x 1400|
|Day's Range||161.15 - 165.59|
|52 Week Range||149.02 - 218.62|
|PE Ratio (TTM)||25.52|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||210.06|
instagram cofounders Systrom and Krieger confirming their resignation, claiming they want to "explore our curiosity and creativity again”. But their are reports about tensions they had with Facebook CEO Mark Zuckerberg.
Instagram cofounders are leaving the company. A Facebook content moderator is suing the company over emotional trauma suffered. Finally, Roku has announced its new Roku Premiere streaming device, which lets you stream 4K content to your TV for just $40.
The founders of Instagram are leaving Facebook, amid reports of tensions with Mark Zuckerberg. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Sibile Marcellus discuss what it means for the photo sharing site.
Mark Zuckerberg was quick to realize that Facebook, the largest social network in the world, doesn't have a monopoly on all users nor can it bank on holding its position as top dog forever. Thus he instituted a policy of buying up promising rivals and integrating them into the Facebook 'group' in a strategy designed to be a win-win for all. Few large-scale acquisitions run smoothly, so it is to Facebook's credit that Systrom and Krieger remained with the company for six years after Instagram was acquired for $1 billion in 2012.
Tech companies have agreed to measures to tackle fake news and concerns that it can influence elections, the European Commission said on Wednesday. With EU parliament and national elections coming up next year, the EU executive wants to thwart foreign interference following allegations of meddling in the U.S. presidential election and the referendum in which Britons voted to leave the European Union. Earlier this year, the Commission told the tech industry to come up with a code of practice on the issue or face regulations.
Even a broad index fund may not be as diversified as you think. The reshuffled S&P sectors, for example, mean Apple is an even bigger part of the tech segment.
Please click here for the annotated chart of 11 popular tech stocks. • Tech stocks have been the leaders of this market. • Smart-money flows are mildly negative in Netflix (NFLX) But the momentum (momo) crowd money flows are very positive.
Facebook Inc. finds itself entangled in yet another political spat — this time with China, a market the social media giant is seeking to enter. Police in Hong Kong, a semi-autonomous part of China, have asked the company to remove the official page of the pro-independence National Party, which was slapped with an unprecedented government ban this week. Hong Kong officials made their request of Facebook after the measure was announced on Monday, according to the South China Morning Post.
Investing.com - Bitcoin edged down on Wednesday morning in Asia despite Google’s plan to reverse its ban on crypto-related ads.
SAN FRANCISCO (AP) — When Kevin Systrom and Mike Krieger sold Instagram to Facebook in 2012, the photo-sharing startup's fiercely loyal fans worried about what would happen to their beloved app under the social media giant's wings.
Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year. KEEPING SCORE: Japan's Nikkei 225 rose less than 0.1 percent to 23,953.98. Hong ...
While he took time off for paternity leave this month, Instagram’s Kevin Systrom had time to reflect on all the small ways Facebook had started to impose its will on the photo-sharing app he co-founded. Earlier this year, his parent company asked for prompts within Instagram that would drive traffic and add content to its main social network. Meanwhile, Facebook removed some of the links to download Instagram from the Facebook app, people familiar with the matter said.
The San Mateo online survey business sold 15 million shares at $12 each. It was expected to sell 13.5 million shares for between $9 and $11.
Buying Instagram six years ago earned Mark Zuckerberg a considerable line of credit with investors. Late Monday brought the surprise news that Instagram’s two co-founders are leaving the company. The pair have reportedly clashed with Mr. Zuckerberg and other Facebook executives in recent months over matters of growth and autonomy.